The Allen Group Announces Build-to-Suit Project at the Dallas Logistics Hub

ADESA selects site at Dallas Logistics Hub for a 175-Acre Auto
Auction Center
DALLAS--(Business Wire)--
The Allen Group, developers of the Dallas Logistics Hub, a
6,000-acre multimodal logistics park in Southern Dallas County,
announced today that ADESA, a full-range auction, reconditioning,
logistical and other vehicle-related services company, has entered
into a 20-year lease for a new state-of-the-art auto auction center at
the Dallas Logistics Hub.

The build-to-suit facility will be located on 175 acres within the
City of Hutchins. The property will house three buildings totaling
approximately 196,000 square feet of space for an auction arena,
administrative and financial offices and reconditioning facilities.
ADESA projects that the facility will require several hundred full-
and part-time employees once fully operational.

"We are extremely excited to welcome ADESA to The Hub, as they are
a great corporate tenant for the community through the creation of
jobs, tax revenue and demand for retail and hotel services," said
Daniel J. McAuliffe, President of The Allen Group's Texas operation.
"ADESA has found the location at the Dallas Logistics Hub to be a
perfect site for expanding their operations."

The Allen Group and ADESA have agreed to design, construct and
commission the facility as LEED certified. Construction will commence
in a few weeks, and the facility is expected to be operational in
summer 2009. Also, the Dallas Logistics Hub's new speculative
industrial buildings are the first two industrial buildings in North
Texas to pursue LEED Certification in accordance with the standards
set by the U.S. Green Building Council's (USGBC) LEED Certification
guidelines (www.usgbc.org). The Allen Group has committed to maintain
the Dallas Logistics Hub as an eco-friendly Inland Port.

For more information about The Allen Group or the Dallas Logistics
Hub, please visit www.allengroup.com.

About The Allen Group

The Allen Group, one the nation's fastest growing privately held
commercial development firms, specializes in the development of
high-end industrial, office, retail and mixed-use properties
throughout the United States. The Company's major focus is the
development of Logistics Parks and Inland Ports, which are located
adjacent to some of the most sophisticated rail, intermodal and
highway infrastructure in the country. The Allen Group has developed a
wide range of commercial projects for Fortune 500 and Fortune 100
clients and currently has over 8,000 acres under development across
the United States. The Allen Group is based in San Diego with regional
offices in Visalia, Bakersfield (Calif.), Dallas and Kansas City. For
more information about the Company, please visit www.allengroup.com.

About ADESA

ADESA offers a full range of auction, reconditioning, logistical
and other vehicle-related services to meet the remarketing needs of
both its institutional and dealer customers. With 60 auction locations
in the United States, Canada and Mexico, strategically located near
metropolitan areas with a large concentration of used vehicle dealers,
the company is well positioned to host both physical and Internet
auctions. Through its related subsidiaries of AutoVIN(R) and PAR North
America, it is also able to provide additional services including
inspections, inventory audits and remarketing outsourcing solutions
including a network of repossession agents, titling and auction sale
representation. Visit ADESA.COM for details.

Allison & Partners
Amy Toosley, 619-533-7976
E-mail: amy@allisonpr.com
or
The Allen Group
Jon Cross, 858-764-6800
Director of Marketing
E-mail: jcross@allengroup.com

Copyright Business Wire 2008